Ford dealers welcome Mark Fields as possible successor to Alan Mulally

Article by Anita Panait, on September 13, 2012

The board of directors of Ford Motor Co. may be drafting a succession plan in preparation for the eventual retirement of current chief executive Alan Mulally. According to report by Bloomberg, Ford’s board will possibly name Mark Fields, currently Ford President of the Americas, as Chief Operating Officer, placing him in line as the next successor to Mulally as CEO.

Citing a person privy with the matter, Bloomberg reported that Mulally may retire at the end 2013. Ford dealers welcomed the news of the succession plan. Ford dealers have been endeared to Mullaly since he invited around 4,000 of them to a meeting at Ford Field in Detroit in 2006. During the meeting, a crowd of Ford employees, under Mullaly’s instructions, shouted “we love you” in unison to the dealers.

Most dealers attributed Ford’s escape from bankruptcy to Mulally’s plan to mortgage the carmaker’s assets and borrow around $23 billion. Larry Taylor, dealer principal at Beau Townsend Ford in Vandalia, Ohio, told Bloomberg that they hoped to keep Mulally “forever.” He also welcomed Fields as a possible successor, saying he is capable as he has groomed and tutored under Mullaly.

Jim Seavitt, owner of Village Ford, applauded the board’s move, saying the succession question has “been distracting at Ford.” Seavitt remarked that with Fields as COO, he would have more time to work more closely with Mulally in transition. Seavitt has worked closely with Fields the last few years, being a member of an ad hoc dealer advisory group.

Topics: ford, alan mulally

If you liked the article, share on:

Comments

Recommended

Mitsubishi finally introduces the new Xpander MPV at the 2017 Indonesia International Auto Show in Jakarta Indonesia. Replacing the previous Expander, the new multipurpose vehicle will be mostly sold at...
by - August 16, 2017
Infiniti revealed its retro Prototype 9 race car before its slated debut at 2017 Pebble Beach Concours d'Elegance next week. In a recent press release, the company not only disclosed...
by - August 16, 2017
In the United States, not many automakers offer crossovers with a diesel engine option, but Chevrolet does, with their 2018 Equinox. Those who opt for this engine will get some...
by - August 16, 2017
Here are some things that potential buyers of the Ford F-150 and Ford Expedition could look forward to for the 2018 model year. The 2018 models of the F-150 pickup...
by - August 15, 2017
We first saw the McLaren 720S earlier this year when it made its debut at the Geneva Motor Show, and we all agree that it is a beautiful car. But...
by - August 15, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries